Rick Ferri correctly notes that “there are two levels of fiduciary care. One is a legal standard and the other is a stewardship standard. A legal standard exists in the RIA industry and may soon exist in the brokerage industry. A legal fiduciary will act in the client’s best interest provided these actions are also in Read more about Beyond the Fiduciary Standard[…]

Robb Isbitts correctly notes that “the problem with seeking professional investment help is that all too often the person sitting across from the investor as an ‘‘advisor’’ is there to make a sale . . .” rather than to provide objective advice designed to help investors reach their financial goals. Read the entire article here Read more about Are You Being Advised or Sold To?[…]